Defined benefit trustees preparing for their second triennial assessment must be aware the strength of the sponsor covenant has deteriorated, The Pensions Regulator warns.
TPR head of scheme-specific funding Ian Cordwell told delegates scheme sponsors' assets were likely to have been depleted by the credit crisis, leading to weakened sponsor covenants. He said this was...
Kim Gubler says it is time that schemes and administrators reassess SLAs and look at what real people need from their pension schemes and when
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.